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: yes, fancy and polka dotted. >>shepard: united nations ambassador susan rice met with republican lawmakers today and they are leading charge against her and at least if them it did not calm the storm over her initial response to the deadly attack in benghazi, libya. we will get the details on that. a crowd rivalling the size of the protests that took down mubarak taking on the new president. steve is there and he is reporting that there are significant changes underway right now that could affect that region and the world. steve harrigan is reporting the military is moving in on its own people. our team on the ground reports hearing explosions and we will have expanded and extensive coverage in a moment. if you move to a big city, thinking big money, is it possible you made the wrong decision? there is a new report that details the growing wealth in the heartland. that all ahead unless breaking news changes everything. but first from fox at 3:00 in new york city the meeting between the united states ambassador susan rice and the biggest critics did not soften their condemnation o
momentum may be building for the latest move by palestinians. to get united nations recognition. david lee miller on what the u.s. intends to do. >> on the streets of ramallah, on the west bank. posters can already be seen exclaiming state of palestine, member of the united nations. before departing for new york, palestinian authority president mahmoud abbas told supporters he is determined to win a u.n. vote, raising the status of palestinians. to nonvoting member state at the world body. thursday's vote in the general assembly requires only a majority of the u.n. 193-member states and cannot be vetoed by the u.s. it was only one year ago that abbas sought full-up membership, only to be rebuffed by a threat of a u.s. veto with a security council. >> trying desperately to prevent that, to delay and threaten us. and now they understand that this is going to happen. they cannot stop it. >> the palestinian authority is frustrated at the lack of peace talks and the expansion of the israeli settlements. today, abbas met with the state department officials but failed to change the u.s.'s positio
the motive there is not clear. and a fox urgent now. for the first time tonight, united nations ambassador susan rice is fighting back against her critics. first the back story here. she went on five sunday morning talk shows days after the attack on the consulate in benghazi that killed our ambassador chris stevens and three other americans. and said it was due to anger over that film insulting islam. we now know that was wrong. u.s. officials acknowledged it was a coordinated terror attack. republic lawmakers said ambassador rice was either deliberately misleading or quote incompetent. just minutes ago she spoke at the u.n. and took those critics to task. listen. >> when discussing the attacks against our facilities in benghazi, i relied solely and squarely on the information provided to me by the intelligence community. i made clear that the information was preliminary and that our investigations would give us the definitive answers. everyone, particularly the intelligence community, has worked in good faith to provide the best assessment based on the information available. >> last week
diplomatic issues. in 1971, the united nations in 1969. they were in the area and we have been re-integrating everything. for the first 75 years, we have never received the people's republic of china and the u.n. report -- they changed this position on the island. and to me, i don't want to get into that too many details. frankly, this is not the heart of the issue. china is trying to advance. there is an issue with japan. from japan to taiwan, the philippines, this is from the viewpoint of china. china has openly expressed their views on this in maritime security. and those are part of the reality. so this is a kind of comprehensive strategy to advance. >> that is an important point. what you're basically saying is that this is about power and the power -- china is clearly becoming more powerful. you are seeing lines being challenged. i remember talking to george soros once after he broke the back of england -- i'm sorry, broke the bank of england. what he saw as a hedge fund manager basically drove so hard against the wind that fundamentally the institutional power on the bank o
warranted. and think about, you know, obviously, she has a very important position in the united nations. she made it very cheer that she was not just parroting the talking points, that she had obviously done her own homework, and part of her responsibilities is to receive the daily intelligence briefings that includes the classified information. megyn: right. so she knew more than she was el telling us. i see your point. it's not that she just withheld the information about al-qaeda, she made statements that seemed to say al-qaeda had been decimated. of course, in the written statement she provided today to the public, which i want to tell our viewers we have, and in her meetings with you as well came out and did say the talking points provided by the intelligence community were incorrect in a key mr. mr. prest respect. there was no -- in a key respect. she's admitting now that what she said -- in right. megyn: she's blaming it on the intelligence committee. who told her to go on the sunday talk shows, and who specifically gave her this information? >> well, she was asked -- which i thi
support. >> ambassador rice has done an excellent job at the united nations and highly qualified for any number of positions in the foreign policy arena and i will leave it at that. >> today's meeting place between ambassador rice and her staunchest critics on capitol hill. after his reelection president obama took exception to republican senators critical of rice saying if they want to come after anyone they should come after me. >> gretchen: we remember that. why is no one talking about susan rice, she went out on the talk shows and got the talking points from the white house and said what they wanted her to say. >> brian: she said the intelligence. >> gretchen: that's why she would be secretary of state. she did what she was asked to do and did it well and it worked with the electorate you could argue and now she will be secretary of state. what is going to stop it? >> steve: not necessarily. senate aides. administration is having her sell herself up on capitol hill today and what she is doing, she is appealing to the moderates, in particular republicans from georgia and tennessee. th
the ambassador. >> ambassador rice has done an excellent job at the united nations and is highly qualified for any number of positions in the foreign policy arena. i will leave it at that. >> reporter: bill, you may recall very quickly here that during his first white house news conference after his re-election, president obama took exception to republican senators critical of rice saying, quote if they want to come after anyone, they should come after him, after me. bill: he said it with force. kelly, thank you. waiting on the meeting in washington. martha: ambassador rice, reportedly as we were saying one of the top candidates to replace secretary of state hillary clinton and the president seemed to lay down the gauntlet to senators mccain and graham if the first news confriends after the election. kelly referred to this moment. let's look at it from november the 14th. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. martha: that is really the feistiest moment of that news conference. the president, who you see here, with ambassador s
ambassador to united nations, go well beyond unclassified talking points in your daily preparation and responsibilities for that job. and that's troubling to me as well. why she wouldn't have asked i'm the person that doesn't anything about this and i'm going on every singer show, but in addition, the fact that it's not just the talking points that were unclassified. clearly it was part of a responsibility as an ambassador to united nations to review much more than that. [inaudible] >> before anybody could make an intelligent decision about promoting someone involved in benghazi, we need to do a lot more. to this date, we don't have the fbi interviews of the survivors conducted one or two days after the attack. we don't have the basic information about what was said the night of the attack, as of this date. so i remember the episode pretty well. our democratic friends felt like a john bolton didn't have the information needed to make an informed decision about ambassador bolton's qualifications. john bolton, the then ambassador, and democratic saying we're not going to go, we're no
organizations and united nations looking at it to pinpoint what they're stopping and not stopping. of course, it is also the movement of people in and out. palestinians in and out of gaza. that will be lifted, as well. but it's put a real strangle hold on the economy of gaza and something people who live there want to be released. the concern from the israeli side is what's going in and what's going out and are they preventing arms going in and it's -- it's a complicated issue. as i say, they did agree to easing some of it but we don't know what that looks like in the next 24 hours. >> time will tell. stephanie, thank you. stay safe. jim frederick is joining me, international editor of "time" magazi magazine. here we are in to the cease-fire territory. talking 24 hours ago -- >> yeah. >> thinking it was going to happen at that point. but egypt is basically the tent pole in supporting this and sponsoring and overseeing the implementation of this. how much stability is this going to provide to the ongoing talks of trying to have a durable out come? >> i think this is a great first step. the ce
for the first time at the united nations yesterday. she defended what she said on the sunday talk shows about the attack on the consulate in benghazi. >> when discussing the attacks against our facilities in benghazi, i relied solely and squarely on the information provided to me by the intelligence community. i made clear that the information was preliminary and that our investigations would give us the definitive answers. >> i want to bring in margie omaro and joe watkins, republican strategist. good morning to both of you. happy thanksgiving. >> good morning. >> this is time of peace and tranquility among the family. let's ask you this. with her having come out now, she's saying what in her own defense what she was given, her talking points, what she was told to say, intelligence given at the time. does this put any of this to rest, joe? >> i think that this is a good start for ambassador rice. she's somebody that has an impeccable background, phi beta kappa rhodes scholar, somebody well regarded in the international community and the united states. she could be very well our next nominee
they ended up killing one of the forces. palestinians are going to be protesting that to the united nations. but at the same time hamas also responded quickly. today they're keeping protesters away from the fence. they don't want any more of these kinds of clashes with israelis see as provocations. so i think it's clear both sides do want the cease-fire to continue. they both have a very strong vested interest in doing so. and that kind of incident yesterday, which led to the unfortunate death of one palestinian, i doubt that will be repeated in the days to come. the emphasis on both sides is going to be on the next stage, which as you mentioned, which is outlining the details, dealing with the details of what the cease-fire is, what it leads to. what they've got so far is what they've called quiet for quiet. both sides not shooting. what's next is the beginning of the negotiations. it's quite clear what the two sides want although it's going to appear complicated. it's simple and it's basic. hamas wants the lifting of the blockade of gaza. israel wants the end of weapons smuggled into gaza
as the ambassador . united nations she reviewed more than that. >> in a written statement she knows that the intelligence that she based her sunday swars on is wrong and there no spontanous demonstration and saying while we wish we had had perfect information just days after the terrorist attack as is often the case inteleassessment evolve would and neither i nor anyone in the administration intended to mislead the american people in any stage in this progress. it all comes as a memo reveals that al-qaida was organized in september to carry out attack in tunisia and egypt and yephen well size libya. much of the focused on benghazi alone. these three embassy assaults deserve scut ninny and they are all connected to the al-qaida-led network. senator carl levin said it is not fair to hold her responsible for the original talking points since she did not produce them and the intelligence community stood by them. >> gretchen: there is no shock there. democrats will support susan rice. >> brian: i was stunned by yesterday. >> gretchen: this entire thing is a political football. this is wh
was approved, unanimously, or very strongly for her united nations position. to suggest that anyone is judging her on anything based other than on her record i think would be a big mistake, kirsten, i don't know what you think about that. >> clearly they've decided that that is the line of attack that they are going to take. have you have people like james klyburn, he's hardly a bit player,aying senator mccain is basically a racist for opposing her. it's demeaning to her. and she is a rhode scholar, a high ranking official even in the clinton administration. it's very demeaning to her to even do this. i think it's been set up that way. my point earlier was obama is emboldened by seeing that the media is just so complacent or stupid or whatever it is that they will not put together the pieces of how this story does not add up. it's so -- there are so many problems witness, but he thinks he can send the person up who he had be the face of benghazi, put her under oath and that it's not going to make any difference, it's not going to cause any problems for him says something either about his arrog
citizen. a liver in -- live in new york and cover the united nations. that is how i look at it from a national approach. what everyone to think about is going on in the region now, everyone is looking at washington, what will the new president of the united states, the president of a second term, do about what he promised to do. what looked at the 3 obama promises. the first promise was when he said he would not find a solution. -- let's look at the 3 obama promises. second from a that the president of the united states was when he said the united states would never allow iran to be a nuclear power. this is unprecedented, where there are bright -- but the right or wrong. this is a statement made by the president more than once. this was the collection of promises made to the indian prime minister. how has president obama of filled the promise? is he going to absolutely implement this? and what are the israelis do we? from my point of view, one of the activated parts of the operation is that they are giving hamas a leading creating a new dynamic for shaping the new dynamics and shapi
u.s. ambassador to the united nations susan rice passed on misleading information about the attack in defending herself, rice is going after some of her high-profile critics in congress. >> i have great respect for senator mccain and his service to our country. i always have and i always will. i do think that some of the statements he's made about me have been unfounded, but i look forward to having the opportunity at the appropriate time to discuss all of this with him. gregg: senator lindsey graham is a republican senator from south carolina. he joins us now on the telephone. senator, thanks for taking a few moments. in calling senator mccain's criticism of her unfounded, is ambassador rice wrong? >> well, here's what motivates senator mccain and myself. what happened in benghazi before, during and after, how did it become a death trap, why wasn't it closed, the conflict closed or reinforced, why couldn't you help these poor people for eight hours on 9/11, a day of heightened security concerns? i blame the president above all others. but after did what ambassador rice say to the
transported to jail. >>> u.s. ambassador total united nations, suzy rice is defending her first account of the attack on the u.s. consulate in libya. >> i relied solely and squarely on the information provide to me by the intelligence community. i made clear that the information was preliminary. and that our investigations would give us the definitive answers. >> initially , rice had attributed the attack on the u.s. consulate to a mob angry about an anti muslim video, and not a terrorist attack. much of the criticism about the explanation for the attack has been directed at rice, because she is believed to be obama's top chows to replace hillary clinton. >>> we're learning more about the tress of -- investigation of david petraeus, investigators want to know if he instructed staff to give his biographer, class bide offerings. some accepted they are by petraeus and others to provide military records and other documents to broadwell for her work. petraeus resigned at cia director after admitting to an extramarital affair with broadwell. >>> hostess has the okay to start fading into histo
as the ambassador of a united nation to reveal more than that. >> before anyone can promote anyone involved in benghazi, we need to do a lot more to this date. we don't have the sea of fbi interviews of the survivors conducted one or two days after the attack. we don't have the basic information about what was said of the attack shared with congress as of this date. i remember the john bolton episode pretty well. our democrat friends feel like john bolton didn't have the information needed to inform a decision of john bollen to being ambassador -- >> you've been listening live to two of the three republican shares that u.n. ambassador susan rice met with this morning. that's lindsey graham of south carolina and the new hampshire senator, certainly her harshest critics. reportedly susan rice requested the meeting. the third senator was john mccain. she's considered a top pick to replace hillary clinton and if nominated rice would have to be confirmed by the senate and there's questions about the handling of the situation. this story continues in washington, d.c. it will be interesting to see
? ambassador is former ambassador to the united nations for special political affairs, are they better or worse now? >> they are in a process. president morsi's move was clearly an overreach. where they are now is negotiating a constitution. what opponents of morsi will say in shaping this constitution they will put in to place into effect a permanent of dominance for the muslim brotherhood. that is why they are so up in arms because they fought against mubarek for many years. >> gregg: isn't that what is happening here. he has usurped all power, he has pronounced these untouchables and new fair oh of egypt and they are calling him. tens of thousands have taken the street to denounce morsi and burning the offices of muslim brotherhood in two cities. where do you see this going, ambassador? >> there was broad support for mubarek after and many people in the streets of cairo and egypt think that the former regime got off lightly. with that said, i think there is a widespread ceiling they are entering a new phase in which the fundamental institutions and democratic protections are in jeopardy. tha
rice of the united nations for going out on television and saying that story. clearly was not true, from what we know now, but guys like you are being criticized by, for instance, members of the congressional black caucus. they say that you and john mccain are sexist and racist as well for criticizing ambassador rice. >> well, when you can't answer the question, you attack the questioner. the only color i'm worried about when it comes to benghazi is red. blood red. the death of four americans. what motivates senator mccain and myself is that we were in libya last september. we came back and wrote an op ed piece that if we don't form a national army to replace these militias, libya is going to break apart. and the sad story here is not just the four dead americans, which is heart breaking, the libyan people want to move forward and this leading from behind by obama, we've done nothing to help them mr. an army to replace the militia. >> steve: absolutely. we've simply got to get to the bottom of this because as you said, four americans are dead here. senator lindsey graham, joining u
the name of the nation from united mexican states to just mexico. while the full name is rarely used his country does not need to imitate the u.s.. mexico adopted the name in 1824 after it won independence from spain. >>> european union leaders have begun negotiations on a long- term budget plan for the region but it could take awhile before any agreement is reached. budget talks could stretch through the weekend because all 27 nations have the power to veto the budget. there does appear to be some signs of progress. >>> time now 5:15. next month san francisco nasa says there will be an earth shattering announcement involving mars. nasa says it's a discovery made by the rover curiosity. coming up for you in nine minutes, we'll have a space expert saying what he thinks that announcement may be. >>> the 49ers say you can forget about all those published reports about the team's quarterback controversy. the team says there is still no final decision on whether quarterback will start against the new orlean saints on sunday. the niners are still waiting for word on whether alex smith is going
an unfair labor practices claim against the united food and commercial workers with the national labor relations board charging that this union is, in effect, mounting a stealth effort through this group to unionize wal-mart's workforce. one fair labor is working wal-mart. texas. unfair labor is seeing your healthcare premiums skyrocket year after year. unfair labor is being denied the hours needed to support your family. >> historically, the plaintiff's bar has viewed wal-mart as being a place where employees are exploited, low paid, long working hours no job security. >> for its part the united food and commercial workers union says wal-mart is just grasping at straws here, greg. >> greg: they make about $10 to $11 an hour which is fairly consistent with retail. we have been waiting for a ruling from the national labor relations board. do we have any idea how that ruling might go? >> well, the math does not bode well for wal-mart. the nlrb is presently comprised of three board members. three democrats and one republic. of the democrats two were placed on the boarded by president obam
/11, 2001, and talk to a nations, of very international crowd and ask what they thought of the united states, admired the united states and they resented the united states because it that time they didn't believe there were any boundaries to what could be done. that looks at the united states as the most innovative place in the world, constantly pull rabbits out of the hat and reinvent itself. go around world today facie a nation constrained, tied down, exhausted, limited, militarily overreaching, economically--even talking to tim geithner, can you go around and tell other economies what to do when you're in a glass house? it has been real limiting. when you look at barack obama's first meeting with angela merkel in london when the global economy was on fire is interesting. she laid down the gauntlet. we are not going to play by your rules. we are not going to spend like you are telling us to do. it has been interesting as a superpower to look at all limits we have even influencing a nation like germany. and yet brussels i asked to you think america has the same growth we once had that could
to talk about. the defense budget is that about $800 billion a year. the united states commitment to the military budget is greater than the military budget of the next 10 highest military spending nations combined. those 10 nations together -- together spend about 50 -- 450 billion. we spent 800 billion. now here is the trick. our money is heavily invested in sophisticated military hardware. very sophisticated pieces of equipment, which truthfully impact our domestic economy. but the truth of the matter is the discussion about budgets from having put many, many budgets together is not a discussion just about money. it is a discussion about priorities and values. and we have to determine, you know, to me when you talk about what the deal is to be made, to sequester includes deep cuts in the military. and many on the right and mini and communities with error bars, military contractors that employ a lot of people will art in to avoid this military cuts. what we have to say is the nation as it is important that we prioritize education, infrastructure right alongside of trying to have
questions. this is dana's column. she united statess it's ill equipped to be the nation's top diplomat for reasons that have little to do with libya. even in a town that rewards sharp el lows and sometime obscenities. near nearly 100 house republicans have sent a letter to the president urging them not to nominate her. is he willing to spend the political capital? >> i think he will if he decides she's the choice. we need to remember the house republicans have nothing to do with confirming secretary of states. i know susan rice, worked with her in the john kerry campaign in 2004. she has the skill and the judgment to be secretary of state if president obama wants her to be. >> it's unfair? >> completely unfair. it's a tough town and lots of people want to be secretary of state i suspect. and the press has a role to play here, but at the end of the day i think if barack obama, who's just been rere elected, would like susan rice to be his secretary of state, she will be. >> steve, chip, happy thanksgiving. >> happy thanksgiving. >> also making news this morning, investigators say they're
, in fact, early 1793. it's the beginning of the first bank of the united states. we have -- europeans lending to the u.s. really since the nation began. and lending to the country itself, but also, a lot of private lending and a lot of private lending is -- turns out to be not very good at paying it back and so the failure to pay back led to the 1819 panic. same thing in 1837 and again in 1857. our reputation in britain in the early part of the 19th century is terrible. we're -- they call us again and again a nation of defalters, a nation of deadbeats effectively. >> the terms like dead have a negative connotation and not for lending and borrowing, if it weren't for debt we wouldn't be the country we are today, would we? >> that's right. i mean, we could not have expanded west. there's an image of freehold pioneers, you know, broadening in to the west. relying on nothing but the first institution that really spreads america to the west is the store. the store provides the european goods that are necessary, plow points and all these other sorts of things and we borrow and borrow to mak
and around the nation took due note that something big was happening in texas. the new york times reported that president love it had attracted an array of the learning such as had seldom been assembled in the united states. another paper waxed mystically and observed that the president's speech coincided with the early evening appearance of both jupiter and venus and suggested that the evening sky was an all glory of a bright future for the institute. not every newspaper was as perceptive or trance jed -- transcended. one local journal reported the founding of rice in the same column that the news that congo, the largest circus elephant, was coming to town. as i said i will keep my remarks a great great great deal shorter, but i would like to close with a personal word of congratulations to the president on having the privilege to serve at rice during its centennial. i am delighted to have the opportunity to call him president once again. any of you who have been to supreme court note that the justices on that court are used to asking lawyers a lot of question period today we will turn th
and fall of circuit city," and to some degree, there's uncomfortable truths when you think about nations and companies, there's rise and fall stories r and hopefully the united states is not on the fall side of this, plu political campaigns are a lousy time to think about the hard truths of what's happening. one of the hard truths about the panel is we're five white guys. [laughter] we try to figure out how we could divvy this. we're four tall guys and doug. [laughter] we're very well aware of this. you would not believe how busy -- we did have a more diverse crowd, but for all of those e-mailing saying we want to bill you in, a conversation, we know. it's there. what i want to get into today and talk a little about are the strategic economic choices facing the nation, and what's that mean? in particular, when you talk about strategy in economics, is there something more funmental about the way the united states is positioned in the world, what its choices are. michael porter here with us, michael, wave so they know who you are. we are not very diverse. [laughter] he's a distinguished pr
truths when you think about nations and companies, there are certainly rise and fall stories, and hopefully the united states is not on the fall side of this. but political campaigns are really lousy times to think about the hard truths of what's happening. one of the hard truths about our panel is we're five white guys. [laughter] we've tried to figure out how, how we could divvy -- we're four tall guys and doug. [laughter] and we're very well aware of in this. you would not believe how busy -- we did have a more diverse crowd, but i just want to say for all of you who are going to e-mail and say we'd love to have a conversation with you, we know. and it's there. but what i wanted to get into today and talk a little bit about are the strategic economic choices facing the nation and what does that mean, and particularly when you talk about strategy in economics, is there something more fundamental about the way the united states is positioned in the world, what its choices are? michael porter, who's here with us and just, michael, wave so they know who you are. we're all, you
to bring that forward. the diplomatic industrial and economic pieces of strategy of united states and for other countries are parts that are used to put forth those pieces that are best for those nations. however, there are some governments that do not and will not adhere to those things in the interest of the united states. if that is the case, we have to have places where we can bring troops into at a moment's notice or in a short period of time and ordered to be able to, when necessary, put forth military pace. host: you would be against the drawing down some of these bases around the world? caller: i agree that some of them are unnecessary. the military has taken that into account but i am listening to the ones she is talking about and i think that is not exactly the majority. host: which ones in particular are you concerned about with regard to countries? caller: places like japan. the base in germany, i could probably agree with that. in japan, you have a force of their in north korea. north korea is not a force that people should take lightly. guest: thank you, i think ther
to get into today and talk a little bit about are the strategic economic choices facing the nation. what does that mean? we talk about strategy and economics, is there something more fundamental about the way the united states is positioned in the world and its choices? michael has his own followers and accolades. jeff bingaman and i and our whole staff were riveted from much of his staff and guidance at the time. had he moved in along some of the issues we're talking about back then, the united states might not be in the same position. to his left, we have the smart guy who would have evolved from a would have come in that we could have seen as national security adviser. his deputy secretary the treasury under bush. he is a senior foreign policy ambassador to adjourn year -- germany and one of the few people who synthesizes the economic and the national security in such a holistic way. his dad was a famous democrat and was one of the reasons i moved to washington. to michael's right, we have doug holtz-eakin. he ran the congressional budget office and he is a very distinguished economis
? >>heather: and a possible huge change in united states defense policy amid turnover in personal. owe new faces could impact our national security. d states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. >>gregg: time now for the top of the news. egypt's stock market taking a tumble after president morsi's taking a power grab possibly sending egypt's troubled economy into trouble. >>heather: and $27 billion needed to clean up after hurricane sandy and will go to hiring more than 5,000 unemployed people in new york. >>gregg: strong
purposes except protect purposes, in switzerland interestingly there is a huge national revolt against the superrich and don't pay a high tax rate. there are similar tensions in but terror is certainly a more extreme dynamic in the united states. >> which u.s. government policies in your view perpetuate the transfer of wealth between the middle class and the top 1%, and could you rank them in importance including for example -- >> that would take all night. >> please address and include the tax equity, inequities between herndon come, and capital gains, the federal reserve policy of low interest rates, the emphasis on spending rather than saving, the reward given to borrowers rather than savers. >> from that famous line in when harry met sally, i will have what she had and the ones i would single out, because it is so egregious to carry interest treatment. i find that amazing and i find amazing that four years of a democratic president still hasn't managed to roll that back. how can that be? and .2 i find amazing i have yet to talk to a private equity person now that how liberal and so
. the national average for gasoline at $3.41. look at this image here. it is a little hard to tell but behind all of those plains that's the united states. and right now 5,000 flights are in the air according to the flights. the airlines are counting on a quiet thanksgiving to fuel fourth quarter profits. average domestic air fare at $180. fewest number of people flying however since 2009. when you have fewer seats which is what we have because capacity has been stripped out you have higher air fare rrs. you have seen air fares are up 16%. a as a lot of people talk about being thankful on thanksgiving. let's look at one airline stock you wanted to own. u.s. airways up 192%. not entirely because of the business but more because of the speculation. >> thanks so much. >> the latest on your travel for the weekend. >>> and finally my observation on the warning bernanke issued to america yesterday. our economy might want to give thanks to the fed when congress shirked its responsibilities. i was happy to be at the new york economic club lunch where bernanke spoke. he reaffirmed that the recovery contin
, and when you go around the world before 9-11, and you ask what they thought of the united , they admire the united states. they looked at the united states as the plays that could pull a rabbit out of i have and reinvent itself. they see a nation constrained , overreaching.mo we talked to tim geithner. can you tell other economies what to do? it has been limited. when you look at barack obama's meeting in london when the global economy was on fire, it is interesting. she laid down the gauntlet we are not going to play by the rules. it has been interesting to look at the limits we have influencing a nation like germany. i asked you, do you think america can influence the international system? i would love to see how you see the challenges ahead and put them in a geostrategic all context. >> i think it is as important as a strong military. i think economics is an answer of rebates as important as traditional policy. i think we have moved from an era where rates are the measure of a nation's strength or vulnerability to an era where sovereign interest rates are a measure of strength or vul
. lamar mckay is reportedly set to head a new exploration and production unit, the second significant restructuring since the 2010 gulf spill. a 4-year-old sky named best in show out of 1,500 dogs in this year's national dog show. sky's handler has won three of the last four years. nice. >>> up next, that other shopping holiday. why small business owners hope tomorrow will be their day. and labor pains at walmart, why workers are planning to strike on the busiest shopping day of the year. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >>> the black friday frenzy in full force. this is macy's flagship store in new york. this is the scene at a toys 'r' us in connecticut where sales items are flying off those shelves. the chain is one of several stores that opened their doors thursday night. here is how it looks on the west coast. some
number. it was up but multifamily units means renters. it doesn't mean buyers. >> exactly right. that means we are still along the path to being a rancher nation. home ownership is scary for a lot of people and even people like i said that coming off of the short sale way back when and are able to buy again are dipping toes in the water. they are not diving in head first because renting has been easy. we have to make homeownership exciting and good again for people that can buy. interest rates are low. tracy: we heard ben bernanke give a speech saying they're going to be low for a long time. do we need to see rates go up to get people off of their buds and shopping? >> i disagree with that. we need to leave rates alone. for people who are just about to get ready to look at the housing market, looking possibly to purchase again for your personal family home. investors need to dive in but personal family home buyers, we need to give them the incentive of lower rates. i'm not a believer in motivating anyone by fear and moving the interest rates, they're going to go up. that is inev
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of other nations, like the japanese, the south koreans, five nations surrounding the south china sea. they want twaoeu are taiwan. they are trying to deny the united states the rights to patrol international air and water space. i don't know how else to say this. china is a threat. jenna: they are building up their military, we are confronting sequestration, defense cuts when you look at the priorities around the world where do you place this? >> clearly it's not china we are not going to fight china the serious threat to our nation is still the middle east and south asia as we've seen in recent events and the big question in washington right now is how big of a presence or how big of a footprint are we going to leave in places like afghanistan? that seems to be the most serious question of the day, jenna. jenna: let's talk a little bit about that gordan. one of the thins we do see is china and it's private businesses, not necessarily private businesses going into afghanistan, setting up big mining companies and capabilities there. they of course were tphoeupbt solved in the war like
barely even noticed it. i mention that because journalism is frequently affected by national interest. to the degree the perception of what happened in the congo is less important than what happens in the united states, we do not cover it. we are engaged by what happens syria, but i do not know if shed a great deal of light. i know you began by asking what is happening in gaza and what i think about that. >> yes. >> any time israel is involved in a story, did becomes excruciatingly -- id becomes excruciatingly difficult to cover, because there is a sense of identity in this country with israelis, and many reporters, old friends and colleagues of mine used to be criticized for taking an anti- israeli point of view. he spent many years living in the arab world and had a sympathetic. of view to arabs. -- point of view to arabs. i think what is happening in gaza right now meets in the definition of tragedy. the israelis cannot be expected to stand by while their cities are rocketed. on the other hand, the idea that the israeli defense forces are equally professional, the number of casualt
. remember, open enrollment ends friday, december 7th. we can help. call unitedhealthcare to learn about medicare plans that may be right for you. call now. ♪ jon: the people behind "consumer reports" magazine raising new concerns about the nation's pork supply. they say they examined nearly 200 samples of pork with many of those samples testing positive for salmonella, lysteria and staph. to make matters worse the consumers union says 90 percent of the bacteria are actually immune to antibiotics. in other words, super bugs. but the national pork producers council president is responding saying consumers union, which runs "consumer reports", resorted to sensationalism because the science it used wouldn't stand up to even elementary scrutiny. it is another attempt by that advocacy group to push a social agenda not based on science, one if successful would take choice away from consumers. let's bring in dr. lee van nokia cure, adjunct assistant professor at lsu health science center in shreveport. they said the sample size, 200 sample, 198 samples, not very big for a scientific study. >>
's health in numbers. unitedhealthcare. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> welcome back to "squawk on the street." two important november data points. richmond fed, the manufacturing index up nine. an exact opposite. we're looking for down nine to ten. up nine. that's good. last month's minus seven unrevised. look at consumer confidence. looking for 73. 73.7. and last month, 72.2 upgraded substantially to 73.1. whether you look at consumer confidence from the conference board, university of michigan sentiment survey, they both reflect some good strength. we've had a pretty much a litany of better than expected data points today starting with housing. carl quintanilla, back to you. >> welcome back, rick. good to see yo
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